TORONTO, April 30, 2024 (GLOBE NEWSWIRE) -- Allied Properties Real Estate Investment Trust ("Allied") (TSX: "AP.UN") today announced results for the three months ended March 31, 2024. Results In the first quarter, Allied’s operating income from continuing operations was $78 million, up 2% from the comparable quarter last year. Allied’s net loss and comprehensive loss was $19 million, in large part due to a fair value loss on investment properties flowing from declines in development-property val
TORONTO, April 15, 2024 (GLOBE NEWSWIRE) -- Allied Properties REIT (“Allied”) (TSX:AP.UN) announced today that the Trustees of Allied have declared a distribution of $0.15 per unit for the month of April 2024, representing $1.80 per unit on an annualized basis. The distribution will be payable on May 15, 2024, to unitholders of record as at April 30, 2024. About Allied Allied is a leading owner-operator of distinctive urban workspace in Canada’s major cities. Allied’s mission is to provide knowl
TORONTO, April 01, 2024 (GLOBE NEWSWIRE) -- Allied Properties Real Estate Investment Trust ("Allied") (TSX: "AP.UN") today announced that it has completed the previously announced acquisition of a 90% ownership interest in 400 West Georgia Street in Vancouver and an increase in its ownership interest in 19 Duncan Street in Toronto from 50% to 95%. About Allied Allied is a leading owner-operator of distinctive urban workspace in Canada’s major cities. Allied’s mission is to provide knowledge-base